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a was striking today is that a republican who is on the house of representatives intelligence committee telling fox there is so much confusion three months after the attack and that if his mine raises even more questions about why the obama administration was so singular in its focus on the anti-islam video. >> this isn't a black and white issue. there is a lot moving parts here and the investigation continues so bear with us so we get it right. they focused in on the muslim video and that didn't make sense to me. that is when people get frustrated. >>reporter: others indicated there were real questions about the motivation, whether it was tied to the symbolic date of 9/11 anniversary or somehow still linked to the anti-islam video or whether it was inspired by the demonstrations early in the day in cairo. >>trace: what are we learning of the decision to close the annex? >>reporter: follow has learned the decision to close the c.i.a. annex, the c.i.a. operation in benghazi, was made early morning hours of september 12 about eight or nine hours after the first wave of the attacks hit the
a was striking today is that a republican who is on the house of representatives intelligence committee telling fox there is so much confusion three months after the attack and that if his mine raises even more questions about why the obama administration was so singular in its focus on the anti-islam video. >> this isn't a black and white issue. there is a lot moving parts here and the investigation continues so bear with us so we get it right. they focused in on the muslim video and...
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Dec 6, 2012
12/12
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WBAL
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the past -- talked on the phone for the first time in days -- president obama and house speaker john boehner. it is raising new hopes for new negotiation -- they have been at a standstill since monday when the gop proposed raising revenues by closing tax loopholes, not by raising tax rates on the top earners as the president had demanded. this comes as a new poll suggests americans agree with the president. 40% want to that tax cuts expire for the wealthy. 32 percent say they should continue for everyone. more downsizing -- news from citigroup. they announce they are cutting 11,000 jobs worldwide. they're closing branches. a spokesperson says less than 1% of 3600 citibank employees in maryland will be laid off. one branch in the state will close in the glen burnie. a new annapolis fire department is getting over $200,000 in a grant from fino. congressmen -- fema. congressman judge sought -- john sarbanes said it will go to upgrading the fire station. some say fema is not that generous when it comes to aid for victims of superstore sandy. >> maryland woke up to this headline -- u.s. d
the past -- talked on the phone for the first time in days -- president obama and house speaker john boehner. it is raising new hopes for new negotiation -- they have been at a standstill since monday when the gop proposed raising revenues by closing tax loopholes, not by raising tax rates on the top earners as the president had demanded. this comes as a new poll suggests americans agree with the president. 40% want to that tax cuts expire for the wealthy. 32 percent say they should continue...
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Dec 10, 2012
12/12
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WBAL
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brian mooar with the latest on this story. >> reporter: president obama and house speaker john boehner were behind closed doors trying to break the tax and spending stalemate that threatens to take the country over the fiscal cliff in just over three weeks. meanwhile, one by one republicans are bowing to the president's demand that taxes go up for the wealthy. >> will i accept a tax increase as a part of a deal to actually solve our problems? yes. >> we don't have a lot of cards as it relates to the tax issue before year end. i mean, we have one house, that's it. the presidency and the senate in the democrats' hands. >> since we agree with democrats, 98% of the american people and 80% of the bush tax cuts, to me i would get that off the table so they don't worry about it. >> reporter: democrats insist taxes are going up on the rich no matter what. >> if you don't increase tax rates on the highest 2% of income earners, you cannot generate enough revenue to have meaningful deficit reduction. >> reporter: republicans want big spending cuts to programs like medicare and says. >> we don't w
brian mooar with the latest on this story. >> reporter: president obama and house speaker john boehner were behind closed doors trying to break the tax and spending stalemate that threatens to take the country over the fiscal cliff in just over three weeks. meanwhile, one by one republicans are bowing to the president's demand that taxes go up for the wealthy. >> will i accept a tax increase as a part of a deal to actually solve our problems? yes. >> we don't have a lot of...
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Dec 8, 2012
12/12
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the top republican today accused president obama of, "slow walking", the economy to the edge of the cliff. he repeated his call for the president to send congress a plan that can pass both houses of congress. tax rates are the major sticking point. the president wants to raise them for america's highest earners, house republicans strongly oppose: >> instead of reforming the tax code and cutting spending, the president wants to raise tax rates. but even if the president got the tax rate hike that he wanted, understand that we would continue to see trillion dollar deficits for as far as the eye can see. washington's got a spending problem, not a revenue problem. >> tom: congress and the president have 24 days to reach a deal, before the fiscal cliff's tax hikes and spending cuts take effect. >> susie: mark zandi says "bad things will happen to the economy pretty fast" if lawmakers don't settle the fiscal cliff issue. he's chief economist of moody's analytics. so mark falling off the fiscal cliff means bad things. how bad? >> it could be quite bad, susie. i don't think it's if we get into ja
the top republican today accused president obama of, "slow walking", the economy to the edge of the cliff. he repeated his call for the president to send congress a plan that can pass both houses of congress. tax rates are the major sticking point. the president wants to raise them for america's highest earners, house republicans strongly oppose: >> instead of reforming the tax code and cutting spending, the president wants to raise tax rates. but even if the president got the...
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Dec 8, 2012
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. >> susie: and house speaker boehner accuses president obama of wasting another week in the fiscal cliff negotiations. >> tom: that and more tonight on "n.b.r."! >> susie: the job market is proving to be surprisingly resilient. american employers hired 146,000 workers in november, much more than expected. and the unemployment rate fell to 7.7%, the lowest level since december of 2008. as erika miller reports, that wasn't the only surprise in today's report. >> reporter: almost no one on wall street saw this good news coming. there was every reason to think hiring would be weak last month. after all, many parts of the east coast are still recovering from devastation caused by superstorm sandy. >> i think the most likely explanation here is sandy's impact was significant but was so short-lived that it didn't extend to the sample period of the employment report which was the week that covered november 12. >> reporter: hiring was also supposed to be weak due to worries about the fiscal cliff. with $600 billion in automatic tax hikes and government spending cuts set to start next yer, why are
. >> susie: and house speaker boehner accuses president obama of wasting another week in the fiscal cliff negotiations. >> tom: that and more tonight on "n.b.r."! >> susie: the job market is proving to be surprisingly resilient. american employers hired 146,000 workers in november, much more than expected. and the unemployment rate fell to 7.7%, the lowest level since december of 2008. as erika miller reports, that wasn't the only surprise in today's report. >>...
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white house. president clinton had decided that he was ing to try to work with th republicans. he brought in a new chief of staff the name of erskine bowles, and in that has popped up again. and he immediately called me and said to my here to work with you and that enabled us to do al of things that i don't think the republicans today can get done with this obama white house. lou:and are you and i in agreement th the republicans are not innear sufficiently strong position, not with the lack of taent, there are ome quesonsabou that but because of the lack f power of the leaers in the house and the role of the housen this negotiation. >> i am not prepared to ay that. i go up to the capitol every week and meet with the republican leaders and lten to them as thy talked very openly about what tir views are d what they're trying to get done. and i cantell you tt they are a lot stronger than they have been presented by the conservative media. the interesting thng about the speaker is to o make you look c
white house. president clinton had decided that he was ing to try to work with th republicans. he brought in a new chief of staff the name of erskine bowles, and in that has popped up again. and he immediately called me and said to my here to work with you and that enabled us to do al of things that i don't think the republicans today can get done with this obama white house. lou:and are you and i in agreement th the republicans are not innear sufficiently strong position, not with the lack of...
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Dec 12, 2012
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that cannot pass the house or the senate. >> chris: president obama and house speaker boehner continuing to play and replay their roles in the ground hog day drama of the fiscal cliff. we're back with the panel. so i'll keep asking for bret will ask this until we don't have to ask anymore. progress today? >> wasn't much. wasn't much at all. one possible way out for republicans on this is to agree to the buffett rule, which would set a minimum tax. 30% on millionaires and above. that way you don't raise them on everybody. what i found fascinating today is you look outside what is happening in the internal negotiations and you see pressure on the white house. nancy pelosi guess on an assault in an op-ed today about raising the age on medicare. we are not doing that. off the table. you see jay rockefeller, whenly waxnan the house saying do not touch medicaid, by the way is bankrupting the states and squeezing education money and school money. so they have taken those off the table, which leads maybe cost of living adjustment on medicare and social security. and not much else. so, i think th
that cannot pass the house or the senate. >> chris: president obama and house speaker boehner continuing to play and replay their roles in the ground hog day drama of the fiscal cliff. we're back with the panel. so i'll keep asking for bret will ask this until we don't have to ask anymore. progress today? >> wasn't much. wasn't much at all. one possible way out for republicans on this is to agree to the buffett rule, which would set a minimum tax. 30% on millionaires and above. that...
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advisor for the obama administration until he announced that he was leaving to take a senior position at wells fargo that's the same wells fargo that was investigated and sued by the department of housing and urban development where ryan currently works wells fargo settled with hud for allegedly kicking people out of their homes without trying to offer them a refinance of their mortgage and doctored their paperwork clearly no hard feelings for a while so far though it has grown its mortgage unit significantly since the economic crisis and now makes up nearly a third of the whole mortgage market and that's according to inside mortgage finance before i was part of hyde he spent twenty six years of freddie mac. the housing behemoth that was taken over by the government to prevent its collapse in two thousand and eight when ryan moved to the agency while ryan takes a cushy new job at wells fargo taking as close government connections with him almost fourteen point nine million homeowners still owe more on their mortgage than their house is worth. over the revolving door in washington to p
advisor for the obama administration until he announced that he was leaving to take a senior position at wells fargo that's the same wells fargo that was investigated and sued by the department of housing and urban development where ryan currently works wells fargo settled with hud for allegedly kicking people out of their homes without trying to offer them a refinance of their mortgage and doctored their paperwork clearly no hard feelings for a while so far though it has grown its mortgage...
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the latest we've learned, president obama and house speaker john boehner have spoken by phone. no word on what they discussed or whether there are any meetings planned, but just the fact that they're talking seems to be progress these days here on capitol hill. >> we'll take that. tracie potts for us in washington. tracie, thanks. >>> egypt state television is reporting at least five people were killed in overnight flashes between supporters and opponents of egyptian president mohammed morsi. the street battles were the most violent since egypt's latest crisis erupted two weeks ago where morsi assumed near absolute power. the opposition is vowing more protests later today. >>> this morning, two australian radio hosts are apologizing for a prank call that's getting worldwide attention. it was made to the hospital where kate is being treated for acute morning sick sentencesness. anna bell roberts is with us. >> reporter: good morning, lynn. that's right. the latest on kate's condition is that she will remain in hospital. we're not quite sure for how much longer, but she is said t
the latest we've learned, president obama and house speaker john boehner have spoken by phone. no word on what they discussed or whether there are any meetings planned, but just the fact that they're talking seems to be progress these days here on capitol hill. >> we'll take that. tracie potts for us in washington. tracie, thanks. >>> egypt state television is reporting at least five people were killed in overnight flashes between supporters and opponents of egyptian president...
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Dec 12, 2012
12/12
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president obama and house speaker john boehner spoke by phone tuesday. after exchanging new proposals, aides confirm the president gave boehner a revised offer on behind, reducing his demand for new tax revenue from $1.6 trillion to $1.4 trillion over ten years. boehner responded with a plan that largely sticks to his original offer a week ago. reports suggest the white house has told republicans it would include an overhaul of corporate taxes in any budget deal. which it hasn't done before. in an interview with abc news, the president says he still expects a deal before the end of the year. >> i remain optimistic that there are enough people of goodwill in this town that recognize our economy will be much better off, american families will be much better off, f we get this done. the most important thing we can do is make sure that middle-class taxes do not go up on january 1, and i'm confident that republicans would not hold middle-class taxes hostage to try to protect tax cuts for high-income individuals. >> and you can see president obama's full inter
president obama and house speaker john boehner spoke by phone tuesday. after exchanging new proposals, aides confirm the president gave boehner a revised offer on behind, reducing his demand for new tax revenue from $1.6 trillion to $1.4 trillion over ten years. boehner responded with a plan that largely sticks to his original offer a week ago. reports suggest the white house has told republicans it would include an overhaul of corporate taxes in any budget deal. which it hasn't done before. in...
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Dec 5, 2012
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but now they're at the president obama white house almost every week meeting with president obama. and i unde t a i underst what ab the f all this face time with president. does t i we're tol elizabe mas sea committ them on board with his agenda, particularly for his side of the negotiations with congressional republicans over the bush tax cuts and the stimulus and the deficit. this president seems to have a thick skin if letting bygones be bygones does not come naturally to him as a man, he is doing a convincing job as a president. from the friendly response from the business leaders after these meetings, even from the ones who supported mitt romney. it does not seem like the president is calling these business leaders to the white house to read them the riot act. it does not seem like he is trying to exact political revenge. it seal like he is trying to get them on board with his agenda, particularly for his side of the negotiations with congressional republicans over the bush tax cuts and the stimulus and the deficit. this president seems to have a thick skin if letting bygones
but now they're at the president obama white house almost every week meeting with president obama. and i unde t a i underst what ab the f all this face time with president. does t i we're tol elizabe mas sea committ them on board with his agenda, particularly for his side of the negotiations with congressional republicans over the bush tax cuts and the stimulus and the deficit. this president seems to have a thick skin if letting bygones be bygones does not come naturally to him as a man, he is...
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Dec 8, 2012
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now, house speaker john boehner is putting all the blame on president obama. he's upset that the white house quickly rejected boehner's plan. >> there are a lot of things that are possible to put the revenue that the president seeks on the table. none of it is going to be possible. the president insists on his position. insists on my way or the highway. >> president obama is asking congress for more than $60 billion for states affected by superstorm sandy. officials from states hardest hit say the money is just a start. with the fiscal cliff looming the staff is sure to face some resistance on capitol hill. >>> he spoke at this year's democratic national convention as an independent, but now former republican florida governor charlie crist is a proud democrat. crist posted a twitter photo friday showing his registration papers tweeting that he's proud and honored to join the party in the home of president obama. crist ran for the u.s. senate as an independent in 2010, but was defeated by marco rubio. some are speculating this move is in preparation for another
now, house speaker john boehner is putting all the blame on president obama. he's upset that the white house quickly rejected boehner's plan. >> there are a lot of things that are possible to put the revenue that the president seeks on the table. none of it is going to be possible. the president insists on his position. insists on my way or the highway. >> president obama is asking congress for more than $60 billion for states affected by superstorm sandy. officials from states...
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Dec 10, 2012
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can pass both the house and the senate. withdrawing from the recommendations of the simpson- bowles commission, the president could propose a plan that would not only avert the so-called fiscal cliff, but also help us avert the fiscal abyss. if president obama were to offer such a plan, republicans would act favorably. going over the cliff is unnecessary. as it has been observed in "the wall street journal," the president is boxing in the republicans. he is offering them a deal they cannot accept. first, the president has repeatedly called for a balanced solution involving both revenue and less spending. what is obvious to the most casual observer is that this plan is not a balanced. the fiscal cliff involves nearly four dollars of anticipated revenue from higher taxes for every dollar of spending cuts, yet the president wants more revenue and fewer spending cuts. if we fell off the cliff, his plan calls for another round of stimulus spending. you have got to be kidding me. what the president's plan lacks is any reform in o
can pass both the house and the senate. withdrawing from the recommendations of the simpson- bowles commission, the president could propose a plan that would not only avert the so-called fiscal cliff, but also help us avert the fiscal abyss. if president obama were to offer such a plan, republicans would act favorably. going over the cliff is unnecessary. as it has been observed in "the wall street journal," the president is boxing in the republicans. he is offering them a deal they...
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Dec 8, 2012
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construction in california and the obama administration's high-speed rail program. transportation secretary ray la hood testifies about the $10 billion already spent with the goal of providing 80% of americans with access to high-speed rail within 25 years. this is just over three hours. >> good morning. like to call this hearing to order. today is another one of our hearings and focused on passenger rail in the united states, and this is an oversight hearing, which we conduct at the full committee level. pleased to welcome everyone to this hearing, and this opportunity to review the progress of high-speed rail in particular today, and the title of the hearing is, an update on the high-speed rail and inner city passenger rail program, mistakes made and lessons learned is the title. the order of business is we're going to hear members' opening statements from the committee. then our first panel will actually be two members who we'll welcome and hear their commentary, both of them from kaz, -- from california, leaders in the congress, we're pleased to welcome. and the
construction in california and the obama administration's high-speed rail program. transportation secretary ray la hood testifies about the $10 billion already spent with the goal of providing 80% of americans with access to high-speed rail within 25 years. this is just over three hours. >> good morning. like to call this hearing to order. today is another one of our hearings and focused on passenger rail in the united states, and this is an oversight hearing, which we conduct at the full...
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all he needs is an hour and a room with both president obama and the house speaker. basically he would play a denim and check on them. he says if he can bri them to the right state of mind and thugh mental suggestion and mental conditioning that will start compromising. it's a trick of like to see. >> i love someone -- it's unmanly kind of love, but i love this guy the three and a half and on my show of force years ago, and he predicted the super bo victories. unwilling. melissa: before the game? >> before the game. he lost something up in my room and did not give in hawaiian. a ticket home with me. he predicted it. however embarrassing a think he's met hisatch year. to vote - folks inside the beltway don't think logically. that's what i don't think it'll work. >> i said bring the men. given the track. >> bring the man. they can actually find that compromise. >> of love to see him in there and now he would make sense. melissa: one that at a magician. we already have clouds in the next. beer is one of our listings. the whale carcass is running near celebrity homes in
all he needs is an hour and a room with both president obama and the house speaker. basically he would play a denim and check on them. he says if he can bri them to the right state of mind and thugh mental suggestion and mental conditioning that will start compromising. it's a trick of like to see. >> i love someone -- it's unmanly kind of love, but i love this guy the three and a half and on my show of force years ago, and he predicted the super bo victories. unwilling. melissa: before...
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Dec 11, 2012
12/12
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president obama. they just do. he is a beloved figure in almost every corner of the world. i would start with that. and secretary clinton they are highly respected, highly admired in every corner of the world and that helps. there's nothing wrong with that. number two, i would say american entrepreneurship and capitalism is still the model that people want. the third thing i'd say is the politics in the u.s. as seen from afar are ugly, are brutally ugly. and -- >> rose: they wonder why america can't deal with its problems and has gridlock in washington? >> i think people look at that and say this is a country that's so admired. why can't we do -- why can't people just compromise and get along and things like that. i would go beyond that to say the dollar is the reserve currency. every american benefits from that. every american. 300 million plus of us all benefit from the fact that we're the reserve currency. now, you know yoshgs default on your debt or you lose your debt ratings a few times, that's n
president obama. they just do. he is a beloved figure in almost every corner of the world. i would start with that. and secretary clinton they are highly respected, highly admired in every corner of the world and that helps. there's nothing wrong with that. number two, i would say american entrepreneurship and capitalism is still the model that people want. the third thing i'd say is the politics in the u.s. as seen from afar are ugly, are brutally ugly. and -- >> rose: they wonder why...
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Dec 6, 2012
12/12
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you worked in the obama white house, does it shock you when lindsey graham stands up and votes against this. he's somewhat a respected member of the senate. >> nothing shocks me any more. the republican party has been moving away from disability for some time. when you look at other things that the congress has focused on medicaid, healthcare, the affordable care act, even looking at what's going on with the fiscal cliff right? are we going to balance our budget by lessoning lessening the support to those with disability or focus on those at the top 1%. this trend is ongoing and i hope it doesn't continue. the bipartisan tradition around disability is longstanding, and i think it's mourn. it's one of those few issues that traditionally both republicans and democrats can agree on, and i hope we can get back to that point. a lot of work need to be done in the republican party for us to get there. >> eliot: your point is so well taken. there should be no disagreement about extending rights to those with disabilities. this is not a partisan issue. it has not been historically a partisan is
you worked in the obama white house, does it shock you when lindsey graham stands up and votes against this. he's somewhat a respected member of the senate. >> nothing shocks me any more. the republican party has been moving away from disability for some time. when you look at other things that the congress has focused on medicaid, healthcare, the affordable care act, even looking at what's going on with the fiscal cliff right? are we going to balance our budget by lessoning lessening the...
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Dec 10, 2012
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speaker boehner but you're not president obama. they've been willing to say we're willing to raise the tax rates all the way up to the clinton rate, 39.6%. can you give us some specifics of things you would consider cutting in terms of social programs and in terms of entitlement reform? >> the bottom line, chris, is that would be negotiating against ourselves. president obama agreed -- >> isn't that what they just did? >> no. the bottom line is democrats, led by our president almost uniformly say here's our first 1.2 trillion of getting to the 4 trillion. revenues. it's up to the republican leadership prodded correctly and boldly by senator corker and others to say they'll go along with this and then we'll negotiating on the other side. it makes no sense to negotiate against ourselves? do you buy that, senator corker? >> look, chris. we have to have a $4.4 trillion solution. i know senator schumer, i've talked with him numbers of times. he knows what we need to do and most republicans and democrats do. i think it's time for the pre
speaker boehner but you're not president obama. they've been willing to say we're willing to raise the tax rates all the way up to the clinton rate, 39.6%. can you give us some specifics of things you would consider cutting in terms of social programs and in terms of entitlement reform? >> the bottom line, chris, is that would be negotiating against ourselves. president obama agreed -- >> isn't that what they just did? >> no. the bottom line is democrats, led by our president...
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Dec 9, 2012
12/12
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. >> jeff: back in washington president obama and house speaker john boehner did meet at the white house this afternoon. for more talks on the fiscal cliff. details were not released but both sides say lines of communication remain open. on face the nation erskine bowles co-chair of the bipartisan deficit commission told bob schieffer he's a bit more optimistic than he was a week ago. >> we were going through the cab ukee theatre, one side making an offer, the other rejecting it and that is pretty natural in any deal. but you know, they've started to tango now and you know any time you got two guys in there tangoing you got a chance to get it done. >> meanwhile urging both sides to get this done jeffrey immelt chairman of general electric spoke to charlie rose. >> i would say the business community almost universitily speaks with one voice that this needs to get done and get done now. and moving it to next year is just failure. >> jeff: you can see the full jeffrey immelt interview first thing tomorrow on cbs this morning. >> big business is to the alone in wanting to avoid the fiscal cl
. >> jeff: back in washington president obama and house speaker john boehner did meet at the white house this afternoon. for more talks on the fiscal cliff. details were not released but both sides say lines of communication remain open. on face the nation erskine bowles co-chair of the bipartisan deficit commission told bob schieffer he's a bit more optimistic than he was a week ago. >> we were going through the cab ukee theatre, one side making an offer, the other rejecting it and...
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house speaker john boehner joins the lighting of the capitol christmas tree. this year's tree is from the colorado white river national forest. watch both ceremonies tonight at 8:00 p.m. eastern here on c- span. >> we have had these explosions of knowledge in medicine, but we have not coordinated care, and all the services that we had end up having so many cracks that the cracks are as harmful as the diseases that we are treating, and you have got to step back and ask, you know, "are we hurting people overall on a global level? what are we doing sometimes?" now we have these reports saying 30% of everything we do may not be necessary in health care. when we step back, 30% of the medications we prescribe, the tests we order, the procedures -- this is something, i think, which is for the first time really being called out as a problem. >> dysfunction in the u.s. health-care industry. dr. marty makary on what hospitals will not tell you, tonight it 10:00 -- at 10:00. >> the supreme court will look at what happened in 2008, and they will say that this precedent. a
house speaker john boehner joins the lighting of the capitol christmas tree. this year's tree is from the colorado white river national forest. watch both ceremonies tonight at 8:00 p.m. eastern here on c- span. >> we have had these explosions of knowledge in medicine, but we have not coordinated care, and all the services that we had end up having so many cracks that the cracks are as harmful as the diseases that we are treating, and you have got to step back and ask, you know, "are...
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they what they like to do is change it from a few days to a few years and the justice department the obama administration and bush administration d.o.j. have supported that kind of requirement for internet service provider addresses and that they're the house judiciary committee but has not gone to the floor of the house and i don't know that's just the storage point you know what the access point is well right now but just speaking of the storage isn't it i'm surprised that there's not a lot of pushback from the libertarian right as well as the you know pro. oh you type left although it will be added there and i it's i mean the business proposal is still very new it's still in i mean that i don't i don't even know of police know exactly what they want but the york and we've been this way for the last fifteen years you've seen groups like grover norquist americans for tax reform dick army's freedom works before he left freedom works. the cato institute the competitive enterprise institute drama all these groups on the right joining me and libertarian groups heritage included joining with t
they what they like to do is change it from a few days to a few years and the justice department the obama administration and bush administration d.o.j. have supported that kind of requirement for internet service provider addresses and that they're the house judiciary committee but has not gone to the floor of the house and i don't know that's just the storage point you know what the access point is well right now but just speaking of the storage isn't it i'm surprised that there's not a lot...
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if the house passes it, president obama said that he would sign it tomorrow. that would extend the tax cuts for the middle class. that means the middle class can go out and do christmas shopping and buy thing for their families because they would know that their tacks are not going up. it's being held hostage by the house of representatives. that would be the best thing that we can do right now. >> now, if they, in fact, allow the tax cut across the board and then come back in, i understand that some are saying that it's better to have no deal than to have a bad deal. where do you stand on that, senator harkin. >> better no deal than a bad deal. >> what do you mean by that? >> to make the elderly pay more on their deductibles or co-pays and to mess around with cost of living adjustment on social security, that's a bad deal. that shouldn't even be part of the discussion. if that's where they are headed, i say no deal. we'll discuss that later on. the most important thing right now is just to have the house pass the tax cut for the middle class. that would be th
if the house passes it, president obama said that he would sign it tomorrow. that would extend the tax cuts for the middle class. that means the middle class can go out and do christmas shopping and buy thing for their families because they would know that their tacks are not going up. it's being held hostage by the house of representatives. that would be the best thing that we can do right now. >> now, if they, in fact, allow the tax cut across the board and then come back in, i...
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and meeting face-to-face, president obama and house speaker john boehner sit down for a one-on-one over the weekend. there are just three weeks left before the u.s. goes over the fiscal cliff. >>> italian shares are down nearly 3% this morning. for the most part, it is bank stocks leading the way down. we're now down about 2.76% on the ftse mib. bank stocks have been hit particularly hard this morning. earlier, we saw shares down 5.6%. we're seeing the same thing, whether it's bmps hitting session lows down nearly 6% comes amid concerns about leadership and economic reform in italy following mario monte's announcement that he'll resign once the budget has been passed. this move is likely to bring the country forward to elections next year. the italian prime minister has offered no clue as to whether or not he will run and it comes after sylvia berlusconi declared over the weekend he would throw his hat in the ring for the job of premier. carolyn ross is in italy following the details there. can you walk us through the time frame here? when are we expected monte to step down? what happen
and meeting face-to-face, president obama and house speaker john boehner sit down for a one-on-one over the weekend. there are just three weeks left before the u.s. goes over the fiscal cliff. >>> italian shares are down nearly 3% this morning. for the most part, it is bank stocks leading the way down. we're now down about 2.76% on the ftse mib. bank stocks have been hit particularly hard this morning. earlier, we saw shares down 5.6%. we're seeing the same thing, whether it's bmps...
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you gotta taste this soup. >>> president obama and house speaker john became trying to negotiate a grand bargain. what can we learn from their failure in 2011 to help us predict whether they can do it better this time around? joining us is bill daley, former chi of staff to president obama and commerce secretary during the clinton years. thanks very much. great to see you again, bill. well, the word that they -- >> nice to see you again. >> the word that they finally got together one-on-one this weekend, how important is that that they cleared the room of all their seconds? >> i think it's extremely important. we are down to the final three weeks, and as the congressman said, there's a lot to be done in the short period. these are complicated issues. i know a lot of times we want to simplify them, but the fact that the two principles, and it really is the president and the speaker, who will do this deal, spent some time alone having seen the two of them in the past when we went through the 2011 negotiations, they have respect for each other. they like each other. they will be able to do
you gotta taste this soup. >>> president obama and house speaker john became trying to negotiate a grand bargain. what can we learn from their failure in 2011 to help us predict whether they can do it better this time around? joining us is bill daley, former chi of staff to president obama and commerce secretary during the clinton years. thanks very much. great to see you again, bill. well, the word that they -- >> nice to see you again. >> the word that they finally got...
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for what it's worth, president obama and house speaker boehner are talking. they had a nice telephone conversation. that's terrific. the first time in a week but apparently that's the headline. that's the editorial body. not much came out of it that we know of. sources say no real breakthrough. no formal negotiations. sessions are not scheduled. no back channel discussions taking place that anybody knows about at this time and as we wait for the white house briefing to begin, let's bring in wolf blitzer on this topic. there are a couple of polls that are very telling about how americans feel about congress and the president are behaving when it comes to the fiscal cliff. let me read some of these numbers for you. should obama compromise to get things done. 72% say yes. 22% say no. should the gop compromise to get things done. and take a look. 72% say yes. my question for you, wolf, i'm not sure you'll have the answer but perhaps you'll have guidance. for those democrats who say the president has a mandate because voters voted him into office while he campaign
for what it's worth, president obama and house speaker boehner are talking. they had a nice telephone conversation. that's terrific. the first time in a week but apparently that's the headline. that's the editorial body. not much came out of it that we know of. sources say no real breakthrough. no formal negotiations. sessions are not scheduled. no back channel discussions taking place that anybody knows about at this time and as we wait for the white house briefing to begin, let's bring in...
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the knock a lot of people in washington give to the obama white house it is too insular and he doesn't pull the kinds of expertise he needs into this white house. there's an opportunity in this second term for him to shake things up a little bit. you know, maybe to bring in new players, new faces who have been there from the clinton white house, and kind of help the dynamic and help the governing because a lot of people on capitol hill even democrats will tell you, he's not good at governing and building coalitions. maybe if he brought some folks in who knew how to do that there would be more give and take on the fiscal cliff issue, on the tax reform and entitlement reforms that we get next year, and there is a sense he really could use a bit of some fresh blood to make things a little easier going forward. >> chris, susan, and ari, thank you very much for all joining us. and the jobs report, more jobs are added in november than was predicted. what does it all mean for the economy? we'll have our own reality check next. first, new jersey governor chris christie stops by "the daily show
the knock a lot of people in washington give to the obama white house it is too insular and he doesn't pull the kinds of expertise he needs into this white house. there's an opportunity in this second term for him to shake things up a little bit. you know, maybe to bring in new players, new faces who have been there from the clinton white house, and kind of help the dynamic and help the governing because a lot of people on capitol hill even democrats will tell you, he's not good at governing...
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by making this last minute announcement obama may have been in a jam where he was going to be there there's been frustration in the past by the failure to speak up for example earlier in wisconsin and so this is the situation he found himself in but certainly as we move into a second term under obama it's a good sign for labor that faced with this situation obama did choose to speak with some vigor about the issue while he found himself in michigan absolutely sunday josh just pointed out the in all probability the president himself you know when this trip was first planned had no idea that he was going to be walking into a right to right to work for less explosion in his face how much notice to the u.a.w. have of this. you know we were at the table with the governor because when things going to change didn't seem to go she had a way that the legislature labor community could work together and so we didn't have a lot of notice because the governor has always taken this position that he didn't believe in right to work he didn't want it is table so we continued to talk and came up with
by making this last minute announcement obama may have been in a jam where he was going to be there there's been frustration in the past by the failure to speak up for example earlier in wisconsin and so this is the situation he found himself in but certainly as we move into a second term under obama it's a good sign for labor that faced with this situation obama did choose to speak with some vigor about the issue while he found himself in michigan absolutely sunday josh just pointed out the in...
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. >> in his weekly white house address this morning, president obama responded to boehner's remark. >> i'm willing to make more entitlement spending cuts on top of the one trillion dollars in spending cuts i signed into law last year. but if we're serious about reducing our deficit while still investing in things like education and research that are important to growing our economy, and if we're serious about protecting middle class families, then we're also going to have to ask the wealthiest americans to pay higher tax rates. that's one principle i won't compromise on. >>> holiday hiring may have given a big boost to the jobs report released yesterday. retail hirers hired more people than any month on record since 1939. 146,000 jobs were added to the economy last month, and the unemployment rate fell to a four-year low of 7.7% partly because thousands have just simply stopped looking for work. >>> more good news for your wallet. gas prices are down to an average of $3.36. it is the 16th consecutive time the price has dropped. the highest price for a gallon of regular is in high wher
. >> in his weekly white house address this morning, president obama responded to boehner's remark. >> i'm willing to make more entitlement spending cuts on top of the one trillion dollars in spending cuts i signed into law last year. but if we're serious about reducing our deficit while still investing in things like education and research that are important to growing our economy, and if we're serious about protecting middle class families, then we're also going to have to ask the...
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. >> any wiggle room in the house, charles? >> i don't understand when colby says for the president raising rates is a matter of principle. there was no principle involved. obama himself said at a briefing in july 2011 press conference that you can raise the $1.20 trillion that he wanted at the time without raising rates, by doing it by eliminating deductions and exclusions, which is the more rational way. obama's, and debt reduction commission had recommended that you raise tens of revenue for the federal government, you do tax reform, and you actually lower rates while you expand the base, and the reason is that if you raise rates, you injure economic expansion, if you lower them, you exhilarated, and by making deductions, you make the tax system a more fair wind. you have the lawyers who work around the rates and and they have lobbies -- >> may i say -- >> no principle involved? >> i heard the july 2011 statement argument first ramesh lemmel. -- first from rush limbaugh. i think i heard it from drudge -- >> did you see it on
. >> any wiggle room in the house, charles? >> i don't understand when colby says for the president raising rates is a matter of principle. there was no principle involved. obama himself said at a briefing in july 2011 press conference that you can raise the $1.20 trillion that he wanted at the time without raising rates, by doing it by eliminating deductions and exclusions, which is the more rational way. obama's, and debt reduction commission had recommended that you raise tens of...
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john boehner is meeting with president obama at the white house. we have new signs today that the gop's support is crumbling. and they called it the crime of the century. five young men convicted of a heinous assault in new york's central park. the only problem sfwh they didn't do it. >>> once a juvenile is broken down, you can basically tell him anything. and, you know, they fed me the names. >> my interview with the central park five, a powerful story of injustice and fighting for what's right. you're watching po ining "polit nation" on msnbc. [ male announcer ] it's that time of year again. time for citi price rewind. because your daughter really wants that pink castle thing. and you really don't want to pay more than you have to. only citi price rewind automatically searches for the lowest price. and if it finds one, you get refunded the difference. just use your citi card and register your purchase online. have a super sparkly day! ok. [ male announcer ] now all you need is a magic carriage. citi price rewind. start saving at citi.com/pricerew
john boehner is meeting with president obama at the white house. we have new signs today that the gop's support is crumbling. and they called it the crime of the century. five young men convicted of a heinous assault in new york's central park. the only problem sfwh they didn't do it. >>> once a juvenile is broken down, you can basically tell him anything. and, you know, they fed me the names. >> my interview with the central park five, a powerful story of injustice and fighting...
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." >> we told you earlier president obama and house speaker john boehner met a few moments ago, and it was about the fiscal cliff, trying to avoid the cliff. tonight, james rosen looks at what impact the uncertainty over that situation is already having on small businesses. >> at tart lumber, family owned firm of six decades standing, owner cl friche worry that owners will bear the brunt from the politicians fail to avert the so-called fiscal cliff. >> profits from this business flow through my wife and my personal tax return so it's easy to hit $250,000. take a salary and have a little profit. we don't buy boats or second homes. i don't have vacation propert property. it plow it back in the business to create jobs. >> not knowing what the tax rate and deductions will be next year led friche to take a 2 x 4 for his spending for things like computer equipment. >> i have servers that are 7 years old i want to replace but i'm not willing to pull the trigger not knowing what will happen next year. if the fiscal cliff has, we'll go in recession. people will put off improving their home and
." >> we told you earlier president obama and house speaker john boehner met a few moments ago, and it was about the fiscal cliff, trying to avoid the cliff. tonight, james rosen looks at what impact the uncertainty over that situation is already having on small businesses. >> at tart lumber, family owned firm of six decades standing, owner cl friche worry that owners will bear the brunt from the politicians fail to avert the so-called fiscal cliff. >> profits from this...
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. >> greta: coming up, what really happen when is president obama and speaker house john boboboboo initiated. neural speeds increasing to 4g lte. brain upgrading to a quad-core processor. predictive intelligence with google now complete. introducing droid dna by htc. it's not an upgrade to your phone. it's an upgrade to yourself. ♪ [ engine revs ] ♪ [ male announcer ] oh what fun it is to ride. get the mercedes-benz on your wish list at the winter event going on now through december 31st. [ santa ] ho, ho, ho! [ male announcer ] lease a 2013 e350 for $579 a month at your local mercedes-benz dealer. look this isn't my first christmas. these deals all seem great at the time... but later... [ shirt ] merry christmas, everybody! not so much. ho ho ho! this isn't that kind of deal. [ male announcer ] break from the holiday stress. save on ground shipping at fedex office. >> greta: high level fiscal talks what do they really say to each other? >> yesterday, obama said, quote, if we can get some leadership on the republican side, we can probably solve this in about a week, it's not that tough.
. >> greta: coming up, what really happen when is president obama and speaker house john boboboboo initiated. neural speeds increasing to 4g lte. brain upgrading to a quad-core processor. predictive intelligence with google now complete. introducing droid dna by htc. it's not an upgrade to your phone. it's an upgrade to yourself. ♪ [ engine revs ] ♪ [ male announcer ] oh what fun it is to ride. get the mercedes-benz on your wish list at the winter event going on now through december...
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speaker john boehner left capitol hill to meet privately with president obama at the white house, their second face- to-face meeting in a week. after a day of heated rhetoric that began on capitol hill, when boehner was blunt in again rejecting the president's demand for power to raise the country's debt ceiling. >> zero. congress is never going to give up our ability to control the purse. and the fact is, is that the debt limit ought to be used to bring fiscal sanity to washington, d.c. >> reporter: as the deadline to reach a deal to avert the fiscal cliff draws ever closer, republicans say the real issue is spending cuts. >> listen, republicans want to solve this problem by getting the spending line down. the president wants to pretend that spending isn't the problem. that's why we don't have an agreement. >> reporter: a claim the white house denies, spokesman jay carney. >> let's just be clear. there is one party to these negotiations who has put forward a specific proposal for revenue and a specific proposal for spending cuts. even when the republicans-- and i saw speaker boehner do
speaker john boehner left capitol hill to meet privately with president obama at the white house, their second face- to-face meeting in a week. after a day of heated rhetoric that began on capitol hill, when boehner was blunt in again rejecting the president's demand for power to raise the country's debt ceiling. >> zero. congress is never going to give up our ability to control the purse. and the fact is, is that the debt limit ought to be used to bring fiscal sanity to washington, d.c....